When speed and equity beat income in Halifax
Private financing exists for the deals the banks can't move fast enough on: a Halifax purchase that has to close in days, a power-of-sale to stop, a renovation to fund before a refinance. It's equity-based — up to 75% LTV on a first, 85% combined on a second — so income and credit matter far less than the position in your home. Funding runs 7–21 days. Rates and lender/broker fees are higher and always disclosed in writing before you sign; this is priced access to a specific window, not a long-term mortgage.